Star Cool CA+ was established to extend the market reach of sensitive, low-respiring perishables, building on Maersk Container Industry’s Star Cool CA system for high-respiring fresh produce.
Korea Development Bank, DSME’s largest shareholder and main creditor, and the Export-Import Bank of Korea said they would provide funds to boost the shipbuilder’s cash flow and convert its liabilities into equity to cut debt.
After falling in 19 of the previous 21 months, railway employment levels in the United States in February 2017 ticked up 0.28 percent from the previous month, according to recent data from the U.S. Surface Transportation Board.
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The International Longshoremen’s Association is calling for a shutdown of ports along the Atlantic and Gulf Coasts, and a march in Washington.
The Danish ocean carrier’s acquisition of Hamburg Süd from the Oetker Group would expand its market share in Latin America and Oceania trades.
Under the reorganization plan, most of International Shipholding Corp. (ISH) would be acquired by SEACOR, and ISH also plans to sell a business that includes operations in Southeast Asia to a company affiliated with its current CEO, Erik L. Johnsen.